Wednesday, June 25, 2014

[aaykarbhavan] Long term capital loss once accepted by revenue couldn't be reduced subsequently in year of set off




 

Long term capital loss once accepted by revenue couldn't be reduced subsequently in year of set off

June 25, 2014[2014] 45 taxmann.com 433 (Rajasthan)/[2014] 223 Taxman 112 (Rajasthan)(MAG.)
IT : Long term capital loss determined and accepted by revenue in relevant assessment year could not be reduced in year where assessee had claimed only set off assessed and determined loss
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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